BTC is at a level worth watching: the 4h trend leans SHORT, while the 15m RSI at 60.1 could cause short-term volatility.
$BTC – SHORT
Trading plan:
Entry: $82,033.33 – $82,197.51
SL: $82,936.30
TP1: $80,637.83
TP2: $79,926.40
TP3: $79,105.51
Why this setup?
• The 4h trend is SHORT, with EMA20 at $83,360.15 and EMA50 at $84,022.01, confirming downward momentum.
• The 15m RSI is at 60.1; the 4h RSI is at 21.7, so wait for the price reaction around the entry zone.
• The 1h ATR is $547.26; TP1 is set at a reward-to-risk ratio of 1.8.
Debate:
Is short-term momentum enough to confirm a move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$BTC – SHORT
Trading plan:
Entry: $82,033.33 – $82,197.51
SL: $82,936.30
TP1: $80,637.83
TP2: $79,926.40
TP3: $79,105.51
Why this setup?
• The 4h trend is SHORT, with EMA20 at $83,360.15 and EMA50 at $84,022.01, confirming downward momentum.
• The 15m RSI is at 60.1; the 4h RSI is at 21.7, so wait for the price reaction around the entry zone.
• The 1h ATR is $547.26; TP1 is set at a reward-to-risk ratio of 1.8.
Debate:
Is short-term momentum enough to confirm a move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇